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Articles

An educated man is the one who never finish learning. - Lucian Blaga
Contract management between a company and its designated administrator

In the business world, the relationship between a company and its designated administrator is essential for long-term development. Often, this relationship is not formalized through a management contract, a document that clearly establishes the responsibilities, objectives, and benefits of those involved. A management contract is an agreement between a company and its administrator, defining how...

Administrator’s liability towards the company

The duties of an administrator are regulated by law, the articles of association, and the resolutions of the general meeting of shareholders, so their liability will be analyzed from these perspectives to determine if their actions may constitute grounds for attracting liability. It is worth remembering that, according to Article 70, paragraph (1) of Law...